Over the last year, property investments in Moree, 2400 have given investors a capital gain of -12.51%. This compares very badly with the 7.28% for NSW as a whole.
Across a shorter period, Moree, 2400 has seen a median price increase of -2.57% over the last quarter.
Our latest figures would indicate that property sellers in Moree are currently offering property investors an average price cut of -9.79% below the asking price at the moment.
A $280 per week rent on the median house gives suburb investors a gross yield of circa 6.79%, without taking into account capital value appreciation, which has been averaging out at 2.60%.
Over the last year, property investments in Moree, 2400 have given investors a capital gain of 24.14%. This compares very favourably with the 5.73% for NSW as a whole.